Recall: Shimano Brake Cables…

In cooperation with the CPSC, Shimano is recalling its ‘Road Racing Bicycle Brake Inner Cables’ because the cable can detach during braking, “causing the rider to lose control and fall.” This recall involves aftermarket Shimano 1.6 mm X 1,700 mm brake inn

Michel Perraudin to Leave adidas-Salomon…

Michel Perraudin (57), member of the adidas-Salomon Executive Board, responsible for Global Human Resources, Key Projects and Corporate Services, will leave the Executive Board of adidas-Salomon AG effective March 31, 2005 to allow him to allocate more ti

adidas the New Supplier to Chelsea FC

Chelsea Football Club and adidas today announced an eight-year sponsorship agreement. Under the terms of the agreement, which comes into effect for the 2006/7 season, adidas will become the Official Sportswear Supplier, Official Product Supplier and Offi

Gift Cards Help Boost January Retail Sales…

The expected benefit from holiday gift card redemptions helped boost January U.S. retail sales numbers as consumers cashed in the cards and took advantage of the traditional January clearance period. While nasty weather in much of the East kept people at

Skechers Expects to Beat Q4 Estimates…

Skechers U.S.A., Inc. pre-announced it is expecting fourth quarter revenues to be in excess of $200 million, at least 8% above the high end of the company's previous guidance of $175 to $185 million. SKX further expects Q4 results per share to be bet

Rebel Sports Shows Growth in Difficult Conditions…

Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004/05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste

Huffy Sees the Other Legal Shoe Drop Over Gen-X Issues…

The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail